Why Is India Looking At Samosa Oil For Jet Fuel

In this episode of Markets Today, we decode 3 big stories — India’s plan to turn used cooking oil into aviation fuel, China’s $3.5 trillion stock market sell-off, and Netflix’s slowing growth.

Used Cooking Oil To Aviation Fuel India’s SAF demand could grow from 65,000 tonnes in 2028 to 3.8 lakh tonnes by 2030, and IOC, BPCL, HPCL, MRPL, Engineers India, Praj and L&T are in focus. Analysts say SAF won’t be a big earnings driver for refiners in 3-5 years.

China’s $3.5 Trillion Sell-Off Chinese equities have lost about $3.5 trillion since May, with the CSI 300 in a bear market. Weak consumption, price wars and falling earnings forecasts are behind it.

Netflix’s Growth Slowdown Netflix cut about 6% of staff and its market value has nearly halved in a year. Revenue growth slipped from 17.6% to 11.8% as YouTube, TikTok and Instagram draw viewers away.